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______ ______ is the function which links customers and the marketing environment to the marketer through information.
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Marketing research identifies and defines marketing __________, generates and refines marketing __________, and monitors marketing __________. |
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opportunities
actions
performance |
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Property of Marketing Research:
A(n)__________ is --> free from biases and is ethical. It doesn't make false product claims, or ask unnecessary questions, or contain false data. |
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Property of Marketing Research:
__________ --> uses quantitative and qualitative data and a hypothesis. |
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Property of Marketing Research:
__________ --> uses a step-by-step approach that leads to a predicatble path. |
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___________ data tries to quantify the problem and understand and accept it by looking for results to a large crowd. |
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___________ data (also known as exploratory research) expects the unexpected, to define the problem or develop an approcach to the problem. |
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The __________ is an investigation of the facts. It is essentially a mere guess or assumption. |
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A step in the marketing research process:
__________ the problem. We focus on the __________ problem (how much we should charge?) and __________ the problem, (translating the problem into price changes that impact customers). |
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Definition
Formulate
decision
research |
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A step in the marketing research process:
__________ the problem. This translates the problem into the changes that price will have on customers. |
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A step in the marketing research process:
__________ problem is one facing the decision maker which research process to use.
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Definition
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A step in the marketing research process:
Determining the ___________ design, by using exploratory research, desscriptive research, causal research.
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______ __ reasearch is a research design that focuses the emphasis on determining the frequency of something occuring. |
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__________ research is a research design emphasizing on gaining ideas and insights. It breaks larger ideas into smaller ones. |
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__________ research focuses on cause and effect relationships. (Example: If we change our advertising, will it affect our sales)?
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Definition
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A step in the marketing research process:
Determining the __________ collection mehtod:
- Can existing secondary data be used?
- Should the data be collected by observation or questionaire?
- How should the questions be administered? |
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Term
___________ data is information not gathered for immediate study at hand, but for another purpose. |
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Definition
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A step in the marketing research process:
Design data __________ forms.
- Should questions be structured or unstructured?
- Should the purpose of the study be made known to respondents?
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__________ data asks questions. |
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________ data has questions already prepared for respndents. |
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A step in the marketing research process:
Design a _________ and collect data.
- Use a sample frane
- A sample selection process
- A sample size |
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A sample _________ is a list of population elements.
(Example: a phone book) |
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A sampling __________ is the procedures of the sample and data collection. |
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A sample __________ is the size that is appropriate for the most accurate data. |
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Term
Some proper techniques for data collections are:
- __________ force
- Provide training |
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Definition
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A step in the marketing research process:
__________ and __________ data.
- Editing
- Coding
- Applying statistical techniques
- Interpreting the results |
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Definition
Analyzing and interpreting |
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Term
________ is making sure everything is alright (in the experiment) with no errors. |
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_________ is assiging numbers to people's responses.
(EXAMPLE: 1---------------------10 scale)
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A step in the marketing research process:
Preparing the _________ report.
This summarizes the results and conclusions. |
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The __________ report summarizes the results and the conclusions. |
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Definition
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Term
Who does marketing research?
Organizations such as _________, broadcasters, retailers, banks/credit unions, advertising agencies, _________ and __________. |
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Definition
manufacturers; government; universities |
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Term
Who Does Marketing Research?
_________ services and _________ services. |
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Definition
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_________ services collect and sell data
(EXAMPLE: Nielsen Research) |
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Definition
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__________ services are full- service suppliers - they collect data from beginning to end.
Syndicated is only collected in the beginning. |
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_________ situations require information. This is a problem situation |
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A _________ situation is one with negative consequences. |
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A(n) __________ is a situation with positive results. |
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Definition
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A Task Involved In Problem Definition:
_________ the problem (conduct research) to solve the problem.
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Definition
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A Task Involved In Problem Definition:
Meet with the the ___________ to gather information and eventually coming up with a solution would be a next step.
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A Task Involved In Problem Definition:
Developing a(n) __________ survey. It's an informal questionaire to gather as much information as possible. |
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Definition
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A Task Involved In Problem Definition:
__________ search - use publishes such as the Wall Street Journal, Census data, academic journals (AMA), etc...
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A Task Involved In Problem Definition:
_________ research - unstructured and based on small samples. It's often used to make educated guesses and explore techniques. |
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__________ questions ask open- ended style, but coding is too difficult. |
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Definition
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__________ surveys are interviews with people with knowledge about the firm and product. |
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Definition
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Tasks involved in formulsting the problem help the researcher understand the environmental context:
1). Buyer behavior factors
2). __________ environment
3). Economic environment
4). Technological environment
5). __________ |
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Definition
1). Legal
5). Constraints |
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Term
Management Decision Problems:
_________-oriented
__________-oriented |
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Definition
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__________- oriented decision problems are used when there are unanticipated changes in the environment. |
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__________- oriented problems asks the decision maker questions of what to do?
(EXAMPLE: What advertising messages should we use)? |
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Marketing Research Problem:
__________ problems and state the information necessary to solve the decision problem.
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Definition
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Term
__________ problems ask these question types:
- Should the advertising campaign be changed?
- Should we change our price? |
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Definition
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Term
A decision problem states information necessary to solve a descision problem. It determines the __________ of the current advertising campaign and investigates the impact on __________ of various levels of __________ changes. |
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Definition
effectiveness; sales; price |
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Term
_________ _________ (such as Reebok and Coors), use industry surveys for consumers who us these products. |
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Definition
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When something is __________ oriented, it is very vague and could use more specific results. |
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Exploratory research is conducted to discover insights, formulate the ________ problem, increase the familiarity with the problem, develop_________. |
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Definition
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A ________ is an unproven proposition. |
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________ research is done on a small scale, it's flexible (literature searches, experience surveys, focus groups, or case analyses can be used) |
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A __________ __________ is an unstructured interview with a group of participants who are led by a moderator in an in-depth discussion on a particular topic. |
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A focus group is an _________ interview with a group of participants who are led by a moderator in an in-depth __________ on a particular topic. |
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__________ analyses are intensive studies of selected examples of phenomenon interest. |
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Case analyses are especially effective with cases reflecting recent changes in the _________ and ________ situations. |
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Term
An example of __________ would be the following:
Improving in-store service is effective in increasing sales of a department store.
X (independent variable) --> In- Store service
Y (dependent variable) --> Sales |
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Definition
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Term
An __________ uses the following:
--> A sample of stores
--> Measures sales
--> Improves in-stoer service
--> Meausres sales |
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Consistent __________ is evidence that X and Y vary together predicted by the hypothesis. |
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Time order of __________ of __________ is evidence tha shows X occuring before Y. |
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__________ of other factors is evidence that allows elimination of factors other than X as the cause of Y. |
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__________ resarches's main objective is descirbe market characteristics. |
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Definition
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Descriptive research's main objective is to describe market characteristics after the formulation of __________ problems and __________. |
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Definition
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Descriptive research data collection is generally __________ and contains large representative __________. |
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Definition
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Exploratory research's objective is to discover __________, while conclusive's objective is to test __________. |
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Definition
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Exploratory research's process is __________, while conclusive research's process is __________. |
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Definition
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Exploratory research's sample is small-__________, while Conclusive research's sample is lage-_________. |
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Definition
nonrepresentative; representative |
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Exploratory research's data is __________, while conclusive research's data is __________ |
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Definition
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Term
Exploratory research's findings are __________, while conclusive research's findings are __________ |
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Definition
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